Desktop Gadget for Payments
A Canadian e-commerce company has created a desktop gadget that turns mobile devices and computers into cash registers. This is a great solution for small businesses, as it will allow them to process credit card payments from various devices. The service is similar to a US service called Square which is not available in Canada. The service by NetSecure, called Kudos, is designed for small businesses who want to bypass the hassle of establishing traditional credit card service.
Kudos comes with payment software to replace the payment terminal with a swiping device that hooks up to smartphones, tablets and PCs. The merchant is charged 2.9% on each sale, plus a 20 cent transaction fee. This is more cost effective for small businesses since it saves them hundreds on upfront investment in traditional credit card terminals.